58 Pickering Rd Rochester, NH 03839
Estimated payment $2,601/month
About This Home
BACK ON MARKET DUE TO FINANCING! Their loss your gain. Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for an owner occupant or value-add, with a current cap rate of ~9% and a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 2.5 miles to downtown Rochester, .5 miles to route 16, 20 miles to Portsmouth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,936
Year Built
- Built in 1900
Parking
- Paved Parking
Home Design
- Wood Foundation
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Utilities
- Hot Water Heating System
- Separate Meters
Additional Features
- 4,792 Sq Ft Lot
- City Lot
Community Details
- 3 Units
Listing and Financial Details
- Tax Block 28
- Assessor Parcel Number 138
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,936 | $399,700 | $54,500 | $345,200 |
| 2023 | $5,459 | $212,100 | $49,500 | $162,600 |
| 2022 | $5,362 | $212,100 | $49,500 | $162,600 |
| 2021 | $4,634 | $188,000 | $49,500 | $138,500 |
| 2020 | $4,627 | $188,000 | $49,500 | $138,500 |
| 2019 | $4,681 | $188,000 | $49,500 | $138,500 |
| 2018 | $4,674 | $182,800 | $49,500 | $133,300 |
| 2017 | $4,813 | $182,800 | $49,500 | $133,300 |
| 2016 | $4,694 | $166,100 | $49,500 | $116,600 |
| 2015 | $4,676 | $166,100 | $49,500 | $116,600 |
| 2014 | $4,563 | $166,100 | $49,500 | $116,600 |
| 2013 | $4,065 | $154,200 | $49,500 | $104,700 |
| 2012 | $3,960 | $154,200 | $49,500 | $104,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $399,900 | -- | $169 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $42,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $29,750 | Commercial |
Source: PrimeMLS
MLS Number: 5042401
APN: RCHE-000138-000028
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